OpenLegislation

Regulation 8 Conditions to be satisfied for regulation 6 to applyI1

United Kingdom

The conditions are—

(a)

the person is a body corporate which, immediately before IP completion day, is—

(i)

incorporated under the law of any part of the United Kingdom; and

(ii)

included within a group of undertakings which comprises a trade repository registered under the EU SFT Regulation;

(b)

the person has—

(i)

submitted an advance application in accordance with regulation 2, whether or not the application complies with any applicable direction under regulation 2(2)(b); and

(ii)

not been notified by the FCA of its decision in respect of the application in accordance with regulation 4(4).

Annotations

Commencement

I1

Reg. 8 in force at 27.11.2020, see reg. 1(2)